Nigeria, July 23 -- The House of Representatives Committee on Finance has approved N105.14 billion as the 2025 budget for the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), with a strong assurance of close oversight on its implementation.

The approval was granted during a budget defence session held on Tuesday at the National Assembly, where RMAFC's Chairman, Mohammed Shehu, led the management team to present the agency's fiscal plans for the year.

The approval by the committee comes after the commission reportedly got allocation of N10.3 billion from the Federation Account for April and May.

It also comes about six months after the National Economic Council (NEC) approved the commission's request to seek a National Ass...